The sharemarket recovered as investors piled into high-yield stocks after Thursday's steep decline, which followed the release of US Federal Reserve minutes showing growing concern among Fed members about potential side-effects of its ...
Tags: sharemarket, stock, US Federal Reserve
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
The dollar was sharply lower today amid rising concerns that the US central bank might soon take steps to start withdrawing the stimulus measures that have supported the world's biggest economy since the global financial crisis. Minutes ...
Tags: Dollar, financial crisis, financial
The Australian dollar plunged more than US1c yesterday amid rising concerns the US central bank might soon take steps to start withdrawing stimulus measures that have supported the world's biggest economy since the global financial crisis. ...
Tags: Australian dollar, US, Policy
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
The dollar is stronger against the greenback after statements from New Zealand's central bank led currency traders to move their money across the Tasman. At 5pm AEDT today, the Aussie was trading at $US1.0365, up from $US1.0329 yesterday. ...
The dollar was higher late today after the central bank signalled that, while another interest rate cut was possible, it was in no mood to deliver it just yet. At 4.05pm AEDT, the Aussie was trading at $US1.0324, up from $US1.0296 late ...
Tags: Dollar, Reserve Bank, Rate
The dollar is more than half a US cent lower after a meeting of G20 finance ministers helped fuel a continued sell-off in the yen. At 5pm AEDT, the currency was trading at $US1.0295, down from $US1.0364 on Friday. OzForex head of ...
Tags: Dollar, US cent, currency war
A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...
According to statistics released by El Salvador’s Central Bank, the country’s imports of hot rolled coils (HRC) totaled 108,552 tons in 2012, falling by 15% from a year ago. In 2012, the country’s imports of wire rods ...
Tags: hot rolled coils, imports, El Salvador
The Australian dollar nudged higher in light trading today, with much of Asia closed for the Lunar New Year celebrations and a public holiday in Japan. By late afteroon, the Aussie was trading at $US1.0301, up from US$1.0299 late Friday. ...
The US Federal Reserve has confirmed its computer systems were accessed by hackers but said the incident did not affect the central bank's "critical operations". The acknowledgement came days after the hacker group known as Anonymous ...
Tags: computer systems, Internet, computer
The Australian dollar fell sharply late in Asia trading yesterday after the central bank signalled it has scope to cut rates again, despite holding interest rates steady at its first meeting of the year, as expected. The dollar fell to an ...
Tags: Dollar, Australian dollar, rates
The Australian dollar was flat of the Reserve Bank of Australia's first board meeting for 2013. At 6.30am AEDT the currency was trading at 104.37 US cents, the same level as at yesterday’s close. The RBA holds its first board ...
Tags: Australian dollar, RBA rates, cash rate